Looking for some small cap tech shares to buy? Then have a look at the ones listed below.
Here’s why they could be worth getting better acquainted with:
Bigtincan Holdings Ltd (ASX: BTH)
The first small cap to watch is Bigtincan. It is a provider of enterprise mobility software that allows sales and service organisations to improve mobile worker productivity through smart devices. Management highlights that businesses such as Nike, Prudential, and Starwood Hotels trust Bigtincan to enable customer-facing teams to intelligently prepare, engage, measure and continually improve the buying experience for their customers.
Morgan Stanley has an overweight rating and $2.10 price target on its shares.
Nitro Software Ltd (ASX: NTO)
Another small cap to watch is Nitro Software. It is a software company that is aiming to drive digital transformation in organisations around the world with its increasingly popular Nitro Productivity Suite. This suite provides businesses with integrated PDF productivity and electronic signature tools. A testament to the quality of its software is that a number of the largest companies in the world use it. This includes over half of the Fortune 500.
Bell Potter is a fan of Nitro. It currently has a buy rating and $3.25 price target on its shares.
Serko Ltd (ASX: SKO)
Serko could be a small cap share to watch very closely now the travel market recovery is underway. It is an online travel booking and expense management provider with a number of quality solutions that have large market opportunities. Another positive is that it recently signed a deal with US online travel booker Booking.com. This has the potential to be a game-changer over the coming years as the travel giant migrates its customers onto the Serko platform.
Ord Minnett recently retained its buy rating with a $7.93 price target.
The post Analysts name 3 small cap ASX tech shares with major upside potential appeared first on The Motley Fool Australia.
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended BIGTINCAN FPO and Serko Ltd. The Motley Fool Australia has recommended BIGTINCAN FPO, Nitro Software Limited, and Serko Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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